Certified Information Privacy Professional (CIPP) Practice Questions 2026 – All-in-One Guide to Exam Success!

The Federal agency that oversees deceptive practices in financial advertising is the Consumer Financial Protection Bureau (CFPB). The CFPB was established to protect consumers in the financial sector and ensure that financial institutions adhere to fair practices and transparency in their advertising and marketing efforts. This includes various forms of financial products and services, ensuring that consumers receive truthful information that can influence their financial decisions.

While the Federal Trade Commission (FTC) also tackles deceptive advertising practices broadly, the specific focus on financial products and services falls under the jurisdiction of the CFPB. This agency has the authority to regulate the marketing and advertising of financial services to guard against misleading claims and ensure that consumers are accurately informed about the costs and terms associated with financial products.

The Federal Communications Commission (FCC) mainly deals with communication and media regulation rather than financial advertising, and the National Credit Union Administration (NCUA) primarily oversees credit unions. Therefore, while other options might relate to broader advertising or specific financial institutions, the focus on consumer protection in financial advertising directly aligns with the mandate of the CFPB.